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GALLATIN GROUP v. CENTRAL LIFE ASSUR. CO.

No. 02A03-9404-CV-157.

650 N.E.2d 70 (1995)

The GALLATIN GROUP, Larken, Inc., and Gallatin Hotels Income Plus Limited Partnership I, Appellants-Defendants, v. CENTRAL LIFE ASSURANCE COMPANY, Appellee-Plaintiff.

Court of Appeals of Indiana.

May 12, 1995.

Attorney(s) appearing for the Case

J. Richard Ransel, James R. Byron, Thorne, Grodnik, Ransel, Duncan, Byron & Hostetler, Elkhart, for appellants.

Michael P. O'Hara, Joseph G. Bonahoom, Barrett & McNagny, Fort Wayne, for appellee.

OPINION

HOFFMAN, Judge.

Appellants-defendants the Gallatin Group, Larken, Inc., and Gallatin Hotels Income Plus Limited Partnership I (collectively referred to as "Defendants") appeal from a summary judgment in favor of appellee-plaintiff Central Life Assurance Company on Count III of a three-count mortgage foreclosure complaint seeking a personal money judgment. The designated facts relevant to this appeal are set forth below.

In August of 1990...

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